 "Pradhan Mantri Jan-Dhan Yojana")
About 62.6 million holders of the Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts have received direct benefits as the scheme completes its ninth year. This has helped the Centre plug leaks, weed out fake accounts, and target genuine beneficiaries of government schemes.
Over the years, Jan-Dhan accounts have become fundamental to the JAM trinity (linking Jan-Dhan Yojana, Aadhaar, and mobile numbers), allowing benefits to be transferred directly to verified bank accounts of identified beneficiaries in a much more transparent manner.
“The JAM trinity has led to the removal of duplicate or fake beneficiaries and the plugging of leaks, resulting in cumulative savings of
